Tag: Vietnam: Formosa Ha Tinh cuts HRC prices for August 2024 sales

Vietnamese steel major, Formosa Ha Tinh, has reduced hot rolled coil (HRC) prices by $30/tonne (t) m-o-m for August 2024 shipments. Prices fell amid declined imported HRC offers as well as competitive prices from both domestic and global competitors. Subsequent to the revision, prices of HRCs (SAE1006, skin pass) stand at around $570-580/t CIF Ho…